First i am very positive BPT great management and operations , good prospects even with low oil price as they are predominantly in gas and have good contracts and cash in the bank.
From my perspective though , i am no expert but looking at the scenario at hand there is no great demand for oil now and none for several months ahead either, so the possibillity of a recovery short or medium term is not good, imo...., the Saudies just sent a bunch of tankers to the US , that will not help either so i think the price will simply bounce arround on the bottom for a while untill the virus gets sorted.
Either way Beach at some time will rise with the economy of the world so no stress if you get stuck with a few.
Ann: Business Update, page-189
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$1.49 |
Change
0.040(2.76%) |
Mkt cap ! $3.399B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.50 | $1.45 | $11.10M | 7.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 56194 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 120805 | 6 |
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